I mean, the old adage used to be that gold followed oil, which has come down, and a supposedly stronger economy and dollar would mean gold should be coming down, but it’s going UP. Doesn’t that speak volumes about what investors REALLY think about the economy and its prospects?
I mean, the old adage used to be that gold followed oil, which has come down, and a supposedly stronger economy and dollar would mean gold should be coming down, but it’s going UP. Doesn’t that speak volumes about what investors REALLY think about the economy and its prospects?
what is a treasure hunt?
Tagged chance, hot wheels, hunt, price, treasure, treasure hunt
Since most America’s gold mines are tapped out, and so we would be reliant on foreign mines to set the market price of Gold.
Posted in Gold Prospecting
Tagged america, Gold, Gold Mines, gold standard, market, market price of gold, price, price of gold, Rand Paul, shovel
If I go out prospecting and find a few pounds of gold, and then sell it for market price, is the money taxable? If so, why? I mean, I am simply trading something of equal value for the cash equivalent. It’s an even exchange, no income is really being made.
Posted in Gold Prospecting
Tagged cash, cash equivalent, equivalent, exchange, Gold, market, money, price, something, trading, Value